Evaluation of internal control systems on a nonpublic entity should not be subject to cost-benefit considerations.

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Evaluation of internal control systems on a nonpublic entity should be subject to cost-benefit considerations, as resources and financial constraints may impact the effectiveness and efficiency of implementing such controls. This allows for a more practical approach to evaluating internal controls while balancing the costs and benefits of implementing them.

Evaluation of Internal Control Systems on a Nonpublic Entity Should